Quote from John_Wensink:
Companies aren't hiring or investing because nobody knows what obama will do next.
If he's elected again maybe he mandates all machinery and equipment be EPA approved and all company cars be electric.
They cannot invest when they don't know what idiotic ideas are going to come from this nitwits head.
If he's elected he will push for a full blown gov't takeover of the healthcare system no doubt.
Lefties dont seem to understand that simply putting a dollar bill in a companies hand does not represent supply side economics, as they misinterpret it. If a company is allowed to hold on to a little bit more of their money, but then you tell them that the business market is now going to become far more hostile to them, they have no incentive to invest that dollar.
With all of the economic news coming out lately, in order to buy into Obama & CO's unemployment Kool-aid, you would have to believe that a bunch of businesses decided to start hiring on like its 1983 even though they expect this quarter and all of next year to be shitty for them, and even though the biggest regulation on business ever (Obamacare) is currently working its way through the system.